FG, states, LGAs to go cashless March 1 – NFIU

While announcing this in Abuja on Thursday, Modibbo said that under the guidelines, only the president can give a waiver for any cash above the approved daily threshold to be withdrawn for any urgent or emergency reasons.

The NFIU therefore directed federal, state and local governments in the country to put necessary measures in place to ensure the smooth operationalization of the new policy.

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